GBP Trader

May the 31st 2021

1.4220 Resistance hangs over cable

Stronger than expected US inflation numbers saw some Dollar buyers on Friday. However, this was seen as an opportunity to buy some cheap sterling, the Dollars strength was reversed. Today we find ourselves looking at 1.4220 again, and all the multi month, and yearly highs beyond.

Subscribe to get access

Read more of this content when you subscribe today.

For more information contact us support@8dragonstrade.com

Published by Neil Callard

Forex Trader and Educator. 30 years trading experience, of which 20 years was market making in major currencies in large international financial institutions.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: